Sawnics to Issue 10 Billion Won in Convertible Bonds
Bitget2026/10/29 09:58- Sawnics plans a KRW 10 billion private placement of unsecured convertible bonds.
- The zero-coupon bonds will mature Nov. 9, 2031; payment is scheduled for Nov. 9, 2026.
- Conversion at KRW 4,813 per share could create 2,077,706 common shares.
- Proceeds allocate KRW 7 billion to research, development and production, with KRW 3 billion for satellite-communications filter and AI photonics foundry equipment.
- Bondholders can seek redemption at par starting Feb. 9, 2029.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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